RBI Grade B Officer (General / DEPR / DSIM) 2021 · Question 65 of 260

Consider the following statements regarding the features of Senior Citizen Saving Scheme (SCSS) and identify the correct answer out of the options given below:

General Awareness

1. AA. Deposits in SCSS qualify for deduction u/s 80C of Income Tax Act.
2. BB. A retired personnel of Defence Services (excluding civilian defence employees), who has attained the age of 50 years can subscribe to the scheme subject to fulfilment of other specified conditions.
3. CC. A depositor may open an account individually or jointly with a spouse.
4. DD. Both A & B
5. EE. All of the aboveCorrect